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earners leave the country? sounds extreme? that's what's happening in france. the socialist government imposing a 75% tax on numbers higher than 1 million euros and stealth -- wealthy people are moving out of the country. good evening, sir. well, france, some people are fleeing to avoid the tax it's not illegal. but sens a message. >> it certainly does. it shows you that when government tries to increase income through the obvious measure -- let's raise tax rates on the richest people, the richest people don't like that. france's evidence, anecdotal, you have the actor who is moving out to a belgian town that is now a colony for french exiles. he is fleeing that 75% tax. the former ceo of loriele and a ceo giant. and it used to be that retirees would leave, after their kids haveh grown up and left home. but now it's young, dynamic millionaires, leaving france, in their peak earnings period. there is even harder evidence of the impact when you try to soak the rich. it showed up this week in britain. >> greta: in what way? >> well, britain, one year ago, basically, they had 16,000 filers
hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama and democrats stake their claim on the middle class. and my tax rate flexibility with higher -- here's what the president said earlier today. >> i'm not going to sign any package that somehow prevent pr
. >> juliet: president obama continues to push for tax hikes on the rich. and france lost a bid to raise taxes and he want today raise to 75%. now, there weren't a lot of people he was focused on, really not that much money, he was going to raise, but the fact is he wanted the french judicial council, however, said it would have been excessive and unconstitutional. joining us-- >> sorry, dave. >> dave: and for tax foundation from the heritage foundation. >> juliet: good morning, curtis. >> good morning. >> dave: what's the deal here, the decision made is not unconstitutional, but bottom line, bad for the economy? i think we can learn from this? >> that's right, the court has bailed them out. and the tax increase, 75% rate was going to really damage the french economy. the french economy's already strugglingling and adding on the economy would be worse. >> i'm looking at it, expected to be a temporary two year measure and affect 1500 people and raise less than 661 million dollars. >> but the revenue we brought in, and what it would have done, it would have reduced the incentives, and working an
magazine editor anna wintour oz our next u.s -- as our next u.s. ambassador to the u.k. or maybe to france. white house with press secretary jay carney defended the idea, insisting that nondiplomats like ms. wintour can make good envoys. >> what qualities does the president look for when he's going to pick an ambassador? an important ally like france or the u.k.? >> you know, i think that the president in all of his personnel appointments looks for talent, wisdom and character in his appointees, and he would do that regardless of the position. >> is it important for a diplomat to be diplomatic? [laughter] >> one of the, i mean, another way of addressing that is to answer the question there have been enormously effective diplomats in this country's history who have not necessarily risen through the diplomatic corps. we had one of the greatest diplomats of his generation pass away not long ago, richard holbrooke, and i think everyone who knew him or sat across from the table from him would agree he was not by anyone's traditional definition particularly diplomatic. >> no. but he was also a b
, they were the uk and france in joint plays. >> i was hoping maybe the uk would get an olympics boost, but it appears to be still trailing italy by quite a ways. but there were no italian locations in the most instagram places until the world. six california locations made the list. and the top two places most snapped and shared on instagram may surprise you. they were the shopping mall in bangkok, thailand t b, and the sunni's airport. >> where is your top place that you would like to go, christian? >> i think i go with the americans here. i think it looks most likely that we're going to be in italy. >> i thought you meant he were going to the americas. but that's all right. >> i'm going with the americans will be. >> where in italy? >> sicily. sicily looks -- first of all, it's some place i've never been. in london any time of the year but certainly in summer. >> are you an instagram user? >> i am not. >> where do you want to go, kelly? >> in 2013? >> yes. >> i suppose i get around to see more of europe. i would love to go to russia and see moscow and st. petersburg. >> don't go in
: did you hear about a french actor fed up with sky-high taxes is fleeing because france will not stop hiking taxes, the massive 75 percent top tax rate for the rich includes him and he ain't happy. it is not sitting well and he is going to belgium and it is not just for the chocolates. lower tax rate. goodbye, france. rand paul not surprised. he says it will be a scene repeated here. that is what you are worried about? >>guest: money goes where it is welcome. you raise taxes high, money will go to other places. in the united states you find this, high tax states like illinois and california are seeing people leaving. we have a corporate income tax here that is 23 percent and one that is 15 percent in canada. if you have a new company you want to open up, where would you rather open up? a company with thrive percent income tax or 15 percent? >>neil: a lot of companies do not pay that rate. i see what you are saying, it will never get down to 15 percent for some companies but it is a very high rate. when the president was talking about lowering corporate tax rates to bring more republic
affects wall street or could affect wall street, as we near the 11th hour. france tried to put a heavy tax burden on millionaires. the result, find out next. >> bret: no grapevine. top story, fiscal cliff is going over it. the senate majority leader, not moved the bill to the senate floor yet. the house would only deal with whatever passed the senate. if it passed the senate at all. all indications are the house will not vote on any fiscal cliff legislation tonight. here is how the potential deal stacks up. they will be taxed at 39.6%. up from 35%. tax on capital gain and individuals for $400,000 for individuals would increase to 20%. from 15%. the alternative minimum tax is permanently indexed to inflation. it has been annual patch. that would be permanent. the plan extent the child tax red earned income tax credit. up to $2,500 tax credit for collision tuition. unemployment benefit are extented for one year. same for the medicare doc fix and the social security payroll tax cut. reverse to rate of 6.2%. those are the deals as they stand right now. although things are developing and they c
. >> clayton: what about france? when is the last time you've been to france? >> 20 years ago. >> clayton: they did something fascinating that you may like yesterday. >> no, no, no, you've got it all wrong. >> clayton: they shot down the -- the court shot down raising taxes on the rich, that tax rate was set to go up to 75% under the new leader of france. that's not going to happen. can we learn something from that? [ laughter ] what you learn is that the french government will immediately reword the law, resubmit it and actually catch even more people who will pay 75%. >> clayton: just the rich, the gerard depardieus. >> if you want to tax rich for ideological reason, you're going to do it no matter what the economic results. that's true in france and probable will he in america. >> dave: yes or no get a pick cliff deal done? >> very last minute, exceptionally narrow deal based on 4 or $500,000 deal, tax those above it. you've still got a huge mess on your hands any where i you slice it inasmuch watch slash. >> dave: watch varney to see what deal is cut. >> clayton: are the markets open
class of course, and i will even throw in a stopover in tax happy france. here is how piers morgan puts his threat to leave, quote, i can spare those americans who want me deported a lot of effort by saying this, if you don't change your gun laws to at least try to stop these relentless tidal waves of murderous carnage then you don't have to worry about deporting me. i'll have my take on piers morgan in our next hour or so. clearly, i've got a dog in this hunt, i am english, i'm an immigrant, et cetera, et cetera, and i've got a strong opinion on pierce morgan. let's go back to kelly jane, what do you think of piers, my good fellow. >> is anybody crying about this, is anybody worried that piers morgan is it going to leave? you know, i hate to be -- i hate to be snarky, but i think that people were very surprised when he got that slot after larry king in the first place and his show has been most successful in giving people things to laugh at the day after. stuart: ooh, that was good, kelly jane. that was really nasty. . [laughter] thank you very much indeed. >> i love the english, i lov
know what. stuart: he went on a cheese shopping trip just before he exited france and went to belgium. charles: france has better cheese, but belgium has them on the chocolate. stuart: dagen and connell, it is your turn. connell: stuart varney, ladies and gentlemen. good morning, everyone. i am connell mcshane. dagen is off. we will have the very latest on the fiscal cliff face up. home sales out of the basement meantime. we may have finally turned the corner and housing. how you can cash in. that is just ahead. it is looking like a white christmas in the midwest. the retailers are not celebrating this by any means. it is the intercontinental exchange. that is what ice means. nicole: i like that. they do not have a name yet. we had both ceos on the fox business at work earlier today. moving to a new annual high today. they are making the move. they are making this purchase. this is at a 38% premium. i have to tell you, traders are not so happy about it. all right. let's take a look at the dow jones industrial. the markets are pretty much mixed. not too far off that unchanged line. con
't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan, i don't think there is any danger we become greece or france in a lot of ways. we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the economy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on fox business. adam: we will. >> 5:45 president obama deliver as statement here at the white house. as far as spending cuts are concerned, you see this argument, you typically hear republicans say,
to raise the debt ceiling. dennis: what is a few hundred billion between france? coming up on our all-star panel, stop dithering in washington and get a deal done? cheryl: there's more hope for housing recovery. the national cessation of home builders now with the latest survey showing home builder confidence at its highest level since april of 2006. joining me is the ceo of the n h b and a lot of analysts were looking for that 50 mark and the index breaking through and what happened? >> just like everybody else, our members are watching the fiscal cliff discussions and potential implications of raising taxes on small businesses, small-businesses the 70% of the everybody else we are holding our breath and hovering just below 50%. cheryl: what do you remember about the mortgage interest deduction? that is on the table in the fiscal cliff, and you worry about housing? >> absolutely. with this recovery in release stages we are concerned about anything that would kill the markets and raising taxes on small business, and when the signs are positive, just a little more cautious than we thou
or france. she was the biggest bundlers raising more than $500,000 for the obama campaign. >>> that's now your top news. you know what? >> i'm trying to breathe in and absorb the last story. all right. there is a new voice joining the immigration debate with hispanic voters overwhelmingly siding with president obama for the second straight election. the trio of latino mega donors including eva longoria are launching a new group aimed at mobilizing that energy and enthusiasm. the primary focus is to grow a strong social media presence and help the white house in passing comprehensive immigration reform. they see this has a chance to work with republicans who may be wobbling after losing a second straight presidential loss. >>> the secretary of state is denying she is running for president for 2016 insisting she just needs time off. michael bloomberg has another idea. according to "the new york times," blook called clinton to encourage her to run for mayor in 2013. the call reportedly took place months ago and hillary said thanks but no thanks. this comes as a recent headline from the new y
. appreciate it. france is pretty good, too. >> bye. >>> coming up, the early read on the trading session from the futures pits in chicago. >>> first, are you expecting a year-end bonus? what is that? you ever heard of -- no. we have not. a survey by challenger, gray, and christmas finds three out of four -- three out of four? will be handing them out. three out of four. thanks, nick. >> we're the bottom four. >> we're the four. handing them out, up 53%. we get these buttons. that's up 53% from a year ago. [ male announcer ] when gloria and her financial advisor made a retirement plan, they considered all her assets, even those held elsewhere, giving her the confidence to pursue all her goals. when you want a financial advisor who sees the whole picture, turn to us. wells fargo advisors. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 ml350 for $599 a month at your local mercedes-benz dealer. >>> dow futures up. s&p
staff told to leave the country. un pulling out 200 personnel and france is deploying soldiers around their embassy and all of this as a coalition advances on the capital. there has been increased activity by the lord's resistance and special forces are hunting infamous leaders and i want to bring in richard roth. there was a ceasefire, but it is not holding. what's the end goal for the rebel groups in central africa. >> i asked an african affairs expert on foreign relations. his answer, these rebels want money and power. don't look for anything more lofty than that. the central african republic is a country many americans and others don't hear that much about. they heard of the troubles in countries like the democratic republic of congo and sudan. it is the central african republic and many analysts say the inspiration for these certainly inspired by what has been going on in congo and this is a mineral rich country loaded with uranium, gold, diamonds and there is a lot to shoot for. it has been a very unstable country for decades. coop after coop has been involved and there is has b
the rest of that story. heather: then there is that. france's socialist government promising to keep fighting for higher taxes on the rich after its controversial 75% super tax was ruled unconstitutional. greg palkot is live for us in london with these details. hi, greg. >> reporter: hey, heather. you think the wrangle over higher taxes in the states is serious check out what is happening in france. just over the weekend the french constitutional court said a planned 75% tax on those earning the equivalent of $1.3 million or more a year should be thrown out as unfair. it had already been blasted by government critics as anti-entrepreneur and anti-business. one skeptic branding it as fiscal bludgeoning. the government trying to balance the budget on the backs of the rich. it sparked a anecdotal rush of high rollers from the french exits including a well-known actor gerard depardieu who will move next door to belgium. french president hollande is not really defeated. court through a tax out more on a technicality. the government is planning to issue a reworded tax bill soon and there a
has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is the first prominent candidate to declare for the race. >>> mom and pop shops across the country bracing for a labor fight that could cripple businesses. more on the key workers that could walk off the job coming up. consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust go
wine. you get in a car in paris, go 90 miles east and you'll be in a beautiful park in france. but they're not the only people and place you can get sparkling wine from. i brought five fantastic sparkling wines. it's a party now. they come from different places in the world where sparkling wines come from. they're all $20 or less. you don't need to spend a lot of money to have a lot of fun. >> let's go through them. cava from spain is $9. i drink a lot of that. >> this sounds like a law firm in barcelona. some of the most amazing sparkling wines and values come from spain and it's only $9. it's made like a champagne but doesn't cost lime one. >> how much is that? >> it's $12. it's absolutely a party in a bottle. >> if you go to italy, whether you're in rome or venice, you'll see literally everybody on new year's eve walking around with it. this is a very good one. >> and then a sparkling wine from australia. >> it's unusual. >> yeah. i've never heard of that. >> people think of australia gives us chardonnay and others. this is jacob's creek. ice made exactly like a champagne, chardonnay
theater. i am melissa frances. lori: i am lori rothman. this is the real deal. no kabuki theater here. this takes the spotlight on capitol hill with the clock counting down, any chance plan a, b will pass in time? john boehner expected to speak about the cliff in 15 minutes, we will bring those compelling comments live. melissa: the national federation of independent business met with the president yesterday about the cliff. he will join us in a moment. american banks on guard for a new round of cyberattacks. your money could be at risk. we will talk to one cybersecurity expert who helps banks, stock exchanges or more protect themselves from attack. lori: a blockbuster deal for the intercontinental exchange, taking over the 200-year-old wall street institution in an $8 billion deal. charlie gasparino has new details. let's get updated on the markets, stocks belong. as we do every 15 minutes, we will check with nicole petallides. nicole: stock market bumping along not far off of the unchanged line so the dow industrials are up nine points worth a gain of 0.1%, the tech heavy nasdaq is
as someone who could be ambassador to france or england, is that someone who has been a supporter of the president. >> the sexyiest ambassador in history. let's have it. >> i think the devil would be awesome to have diplomatic immunity. >> jennifer: thank you so much for joining me inside "the war room." >> thanks, governor. >> jennifer: you bet. we'll tell you who the republicans are blaming for their losses in the 2012 election, and yes, you will laugh. we'll be right back. you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? >> jennifer: it has been so fun watching the g.o.p. implode since the election. we've got great seats he
movement is to mock and destroy various traditions. in france the secular progressives are on the march targeting those who want to preserve their definition of traditional marriage. [chanting] [shouting] >> greg: obviously those weren't real nuns. is this where we are headed. bill obviously placed the question to the monica crowley and alan colmes. >> it's not just recent this stuff has been happening for decades. we saw bill ayers the entire counter cultural movement occupy wall street. van jonsz, code pink during the iraq war. this is the left. what you are seeing these are the radicals on the left. this happens all across western societies. they have one objective, bill which is disruption. it's all about tearing down and destroying so they can turn around and rebuild far left utopias. >> bill: isn't there difference between antiwar movement which is fairly intense and gay marriage? these are the people right now who -- look at the difference. the people who want traditional marriage, colmes, are peaceful think have their signs and trying to get their points across and they disagree
a deal on the fiscal cliff? we are going to debate that plus, france says no to high taxes on the rich. could the united states learn something from that? we'll analyze that when we come back. ♪ need not wonder why ♪ ♪ no tim ♪ ♪ you're a heartbreaker, dream maker ♪ >> welcome back to a sunday prime time edition of "the five." and as the clock ticks down and going over the so-called fiscal cliff. no deal he yet, but there is some finger pointing going on. >> i'm concerned about the lack of urgency here. i think we all know we're running out of time. this is far too much at stake for political gamesmanship. we need to protect the american families and businesses from this looming tax hike. everyone agrees that that option is necessary. >> i will say this, i think that the republican leader has shown absolutely good faith, but it's just that we're apart on some pretty big issues. >> and senator reid-- >> this has been a blame game from the very, very beginning and dana, we saw today president obama take to the sunday shows and spend the whole time blaming republicans. if we
, but it was for that service that in 2008 france awarded him the national order of the legion of honor. i'm one of the lucky writers who got to write for charles durning. it is not a small group. there are probably at least 300 of us, if you include all of the plays and the television episodes he's been in, including most recently seth mcfarland's "family guy" and "rescue me" where he played denis leary's father. i would run into him at the pacific diner where he would love to have big steak dinners with his pals. he only knew the last 40 years of his life, not the first 49. not his unimaginably difficult childhood, not his heroic war years. i didn't know the half of charles durning's life that would make a truly great movie. charles durning left life's stage on christmas eve. he was 89 years old. ause your dy wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ mal
like france would be the way to go? caller: i think so. they can put a bullet lot -- a big luxury tax on the big ya chts. guest: i think it is useful to step back. what happens if we go over the fiscal cliff or get the type of deal the president is looking for? what we're talking about the top individual income-tax rate rising from 35% to 39.6%, the same tax rate we have before 2001. we do not need to be up at the 75% level. i would not advocate the go there but i think that is not really where we are and it is not where we need to be. host: we have a treat, who -- we have a tweet. they write -- host: the payroll tax is to% of income. -- guest: the payroll tax is 2% of income. the benefits of the payroll tax are larger or more important probably for low and middle income working families than they are for higher income families. that is certainly true. you have to remember that the payroll tax was a temporary provision. it actually was enacted at the end of 2010 to replace another temporary provision which was even more targeted toward low and middle income working families. i do not
from his live strong charity after the u.s. antidoping agency throughout the seven tour de france titles and banned him from cycling. despite overwhelming evident, armstrong maintains he did not use performance-enhancing drugs. john edwards walked after federal prosecutors failed to convince a jury the former presidential candidate misused campaign donations to hide his mistress. the last of nasa's fleet of space shuttles arrived at museums around the country. >> and launch. >> reporter: while the first privately built spacecraft delivered supplies to the international space station. >> touchdown confirmed. we're safe on mars. >> reporter: the curiosity rover landed on mars, beaming back pictures of the red planet and felix baumgartner became a human missile as he broke the speed of sound during the fastest and highest freefall ever. randall pinkston, cbs news, new york. >>> looking ahead to next year, mcafee labs expecting hacking on mobile devices now to expand in the coming year. the santa clara-based company is worried about so-called ransomware. that is the type of virus that
back but we have seen recently markets like france, spain, brazil, where rim is losing a ton of market share, it is really hard to get them back, it needs to be better thao anything else out there and the chances of actually being true are fairly slim. liz: lagging behind because some of us can't let go. [talking over each other] >> i have two phones, and i phone and blackberry. liz: can't let go. >> it works. when i travel abroad it works. don't have to see the bill, the phone works and e-mail works and by company pays for it. i still have one. liz: the perfect situation. mike, thank you so much. a lot of information. liz: happy holidays. senator harry reid calls today's house speaker of the bonds john boehner's plan be a pointless political stunt. why is there a vote today? is happening. fox business will cover it wall-to-wall. what will happen next? live in d.c. with the latest. liz: live outside with an rv. remember that? randy quaid, winnebago to be exact, this is better than randy quaid, demand is strong, the company raising output, stock on a rise, exclusive interview with winne
's ceo says applications were coming in at a rate of two per minute. and if you travel to france, speaking of traveling, and get a craving burger king has opened a brampbl at branch at the airport. now if you're traveling to france, you can have a whopper, although i don't think you're a vegetarian are you? >> yes, i am. but you've got to wonder what they saw in their research that made them go back to france. >> i think it's just globalization. you have more people traveling. you have americans -- it's widely known that americans are all over the market. bigger market and place to go. not too terribly surprising. >> lisa sylvester, thanks. >>> new englanders are shoveling snow while southerners are shir v shivering. the latest on what is a winter storm and what is coming next. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. i just serve
is set to open below 13,000. markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling into session now with legislative business starting at 10:00 a.m. the senate returns at 11:00 a.m. eastern. there are only a few hours left to get a deal done. eamon? >> you're already hearing people talk the way they talk on new year's day. a lot of people wish they could go back in time and do things differently. that's the way people are talking in washington about this fiscal cliff. feeling as if thi
in the world. france, 2.08. the u.s., 2.06, ireland, 2.01. in red, they're looking at next generations that will get smaller and smaller and smaller. the uk, well under 2. china, 1.55. we know they've actually implemented policies because they want to control population. in the bigger picture, fooling around with mother nature in this way could have hugely negative consequences. russia 1.43 and germany, 1.41. at the very bottom of the list, other than certain countries where the information is not available, the bottom of this list was singapore at .78. i know we're dealing with so many issues nowadays and i blow a gasket over many of them, whether fiscal cliff, unfunded liabilities, at some point, growth is the answer. when you start considering where the engines of growth have been and what their population declines may be, it makes one wonder, where is the horsepower from global growth will come from and this at some point needs to affect the picks in your stock portfolio. back to you. >> rick, i'll take it from you, rick santelli. >>> even starbucks is worried about the fiscal clif
before the house gavels in at 2:00 p.m. eastern. [applause] >> ladies and gentlemen, france, -- friends, this is a singular honor to be a guest in this temple of civic life. thanks to all the good people for making this possible, to my publisher, the staff that are manning the barricades outside. my novel is debt crisis and the future of the world economy. i will be arguing that there is no such thing as a debt crisis. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some point they no such thing as a debt crisis. manage to gain control of the balloon and lower it above a farm. the farmer comes out and looks up at the balloon and one of the balloonists says, excuse me, sir, where are we? and the farmer says, you are in a balloon. the balloonist says, he must be an economist. precisely accurate, and hopelessly useless. [laughter] we have a doctor here amongst us. imagine if you ha
to france and the united kingdom. according to a bloomberg report out today on the short list for both is anna wintour. the very influential editor in chief of "vogue" magazine since 1998. now, she has been criticized for a demanding personality but she has been praised for keeping "vogue" relevant in the ever-changing world of fashion for almost 25 years. she's a lion in her business. but that's probably not the reason she's being considered for the jobs. ambassadorships are increasingly used as rewards for top level political supporters and anna wintour was a very good political bundler, financial bundler for president obama during his campaign. she hosted two fund-raising dinners this summer at $40,000 a plate. the president appreciates that sort of thing. politicians do. he's already appointed other big backers to top posts. in 2009, telecom executive donald gibbs got south africa. investment banker louis sussman, the united kingdom. and the pittsburgh steelers chairman dan rooney got ireland. it's not just this president. over the years, the number of people who donated their time
name that came up is anna winter as the possible ambassador to france or the uk. she's the inspiration for "the devil wears prada." how does >>> good evening, americans, and welcome to "the ed show" from new york. president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on ç the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonig
and inevitably destroy various traditions. in france, they are on the march, targeting those who want to preserve their definition of traditional marriage. [ chanting ] [ sounds of struggle ] >> well, obviously those weren't real nuns. so is this where we are headed in bill recently posed a question to the barack in a hard place duo, alan combs and monica crawley. >> i say absolutely, it's not just recent, this stuff has been happening for decades. we saw them occupy wall street, van jones, code paint during the iraq war. this is the left. these are the radicals, the left. this happens all across western societies and it's got one objective which is disruption. it's all about tearing down and destroying to they can turn around and rebuild their far left marxist utopias. >> isn't there a difference between an anti-war movement, which is fairly intense, and gay marriage? these are the people right now who, look at the difference. the people who want traditional marriage, combs, are peaceful and they are they've signs, they're trying to get their point ak as kron -- point across and these are the pe
but promoting war on the big red dragon-- the communist party. in the south of france it's believed by new ages to be the only safe place in the world. something to do with the shape of the mountain which overlooks the village. but today t.v. crews and police outnumbered prophets of doom. >> sreenivasan: in this country, nasa has produced a video to reassure those who need it. it's titled "why the world didn't end yesterday." the president of russia vladimir putin put new distance today between his government and the regime in syria. in his annual news conference, putin insisted his country is not protecting syrian president bashar assad. he urged assad to hold talks with the opposition, and negotiate an end to the bloodshed. >> ( translated ): we are not concerned about the fate of assad's regime. we understand what is going on there and that his family has been in power for 40 years. the changes are undoubtedly needed. we are worried about a different thing-- what next? we simply don't want the current opposition, having become the authorities, to start fighting the people who are the current
like syria, egypt, britain, france, you had to hold together this coalition which was an usual coalition, so to speak. the administration jim baker got u.n. sanction for this operation. and it was just, we had no headquarters in the region. right now the central command has a headquarters in qatar. there was fog like that. the arab states didn't really want the americans there and on a permanent basis. so we had, all of this had to be moved first to saudi arabia not region first from the defensive operation and then in an offensive operation. so just months and months for this to even, just to prepare for this. >> and he was in charge of that. but now he was as we lewded to in the piece also criticized for making some strategic mistakes. what were those? >> well, there were well two goals primary goal its one was to evict the iraqi forces from kuwait which was done in the 100 hour ground war after six weeks of bombing, remember that. but the other one was to destroy saddam hussein's offensive powers, primarily his republican guard force. because the thinking was if you didn't d
a work permit to work in this country. you can't go to belgium, france. you can't go to mexico and work without a work permit. and we're afraid to even have one. your thought, blake. why don't we even have the basic requirement of a work requirement -- of a work permit? >> actually, i agree with david in the sense that i think the election was actually a clarifying moment here. i'm not one to often say that oh, there were huge policy implications but -- >> got to go. >> from an election. but i agree with david that in this case it was clear there's got to be movement on this. >> i hope so. i really do. thank you, david winston. great guests. thank you, blake, same with you. we're watching "hardball" right now, the place for politics. >>> let me finish tonight with this. i have high hopes for president obama's second term. i have low hopes for the republican opposition in congress. i have rising hopes for the old reasonable republican party out there in real world, the party that resides in the eastern big states and actually deals with the real work of being big state governor, for exam
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